Minimum wage doesn't buy what it did in '60s

The $7.25 federal minimum wage has not kept pace with the value of goods and services, nor its original purpose of supporting young people as they gain the experience and knowledge to improve their careers. - photo by Stock photo

money changes hands — The $7.25 federal minimum wage has not kept pace with the value of goods and services, nor its original purpose of supporting young people as they gain the experience and knowledge to improve their careers. - photo by Stock photo

I’m a CEO with a GED, and I have walked in the shoes of a minimum wage worker. I know from experience that it’s a tougher road today.The minimum wage buys fewer necessities now than it did when I needed it to survive. And as a successful capitalist, it pains me to see that the American Dream, which so inspired me, is increasingly out of reach.As a young boy, I knew all too well the despair of empty pockets.

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